National Vision Holdings Inc - Understand $eye stock

$EYE Market Cap: $861.8 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$2.026B

TTM

Gross Margin

53.84%

TTM

Net Earnings

-$1.813M

TTM

Current Assets

$364.4M

Q2 2024

Current Liabilities

$663.2M

Q2 2024

Current Ratio

54.95%

Q2 2024

Total Assets

$2.146B

Q2 2024

Total Liabilities

$1.303B

Q2 2024

Book Value

$843.4M

Q2 2024

Cash

$179.5M

Q2 2024

P/E

-475.4

Sep 19, 2024 EST

Free Cash Flow

$34.53M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$2.126B	$2.080B	$1.712B	$1.712B	$1.724B	$1.537B	$1.375B	$1.196B	$1.063B	$932.7M
YoY Change	2.26%	21.48%	0.0%	-0.73%	12.2%	11.75%	14.97%	12.58%	13.92%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$2.126B	$2.080B	$1.712B	$1.712B	$1.724B	$1.537B	$1.375B	$1.196B	$1.063B	$932.7M
Cost Of Revenue	$1.001B	$904.8M	$786.6M	$786.6M	$806.5M	$713.6M	$637.0M	$544.8M	$491.1M	$459.7M
Gross Profit	$1.126B	$1.175B	$925.1M	$925.1M	$917.8M	$823.3M	$738.3M	$651.4M	$571.4M	$473.0M
Gross Profit Margin	52.93%	56.49%	54.04%	54.04%	53.23%	53.57%	53.69%	54.46%	53.78%	50.71%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Selling, General & Admin	$991.9M	$900.8M	$725.0M	$712.0M	$744.5M	$687.5M	$600.0M	$525.9M	$474.1M	$410.6M
YoY Change	10.11%	24.25%	1.82%	-4.36%	8.29%	14.58%	14.1%	10.92%	15.47%
% of Gross Profit	88.12%	76.68%	78.37%	76.96%	81.12%	83.5%	81.26%	80.73%	82.97%	86.81%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$101.4M	$97.09M	$91.60M	$91.60M	$87.20M	$74.30M	$52.68M	$42.80M	$44.10M	$38.80M
YoY Change	4.46%	5.99%	0.0%	5.05%	17.36%	41.04%	23.07%	-2.94%	13.66%
% of Gross Profit	9.01%	8.26%	9.9%	9.9%	9.5%	9.02%	7.13%	6.57%	7.72%	8.2%
Operating Expenses	$1.172B	$999.8M	$838.1M	$803.2M	$844.2M	$780.9M	$674.1M	$587.3M	$519.1M	$450.0M
YoY Change	17.26%	19.29%	4.35%	-4.86%	8.11%	15.86%	14.76%	13.15%	15.36%
Operating Profit	-$46.83M	$174.9M	$87.01M	$121.9M	$73.58M	$42.35M	$64.29M	$64.07M	$52.30M	$23.00M
YoY Change	-126.77%	101.06%	-28.62%	65.68%	73.73%	-34.13%	0.35%	22.5%	127.39%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Interest Expense	-$14.34M	-$23.21M	-$48.30M	-$48.30M	-$33.30M	-$37.50M	$55.54M	$39.09M	-$39.30M	-$31.60M
YoY Change	-38.23%	-51.94%	0.0%	45.05%	-11.2%	-167.52%	42.06%	-199.47%	24.37%
% of Operating Profit		-13.27%	-55.51%	-39.62%	-45.26%	-88.55%	86.38%	61.02%	-75.14%	-137.39%
Other Income/Expense, Net	-$14.34M	-$25.61M	-$48.33M
YoY Change	-44.01%	-47.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Pretax Income	-$61.76M	$149.3M	$38.68M	$38.70M	$30.49M	$4.868M	$4.228M	$24.98M	$5.400M	-$34.60M
YoY Change	-141.36%	286.05%	-0.05%	26.93%	526.31%	15.14%	-83.07%	362.54%	-115.61%
Income Tax	$4.137M	$21.08M	$2.403M	$2.400M	-$2.309M	-$18.79M	-$38.91M	$11.63M	$1.800M	-$10.70M
% Of Pretax Income		14.12%	6.21%	6.2%	-7.57%	-385.89%	-920.29%	46.58%	33.33%
Net Earnings	-$65.90M	$128.2M	$36.28M	$36.30M	$32.80M	$23.65M	$43.14M	$13.34M	$3.600M	-$23.90M
YoY Change	-151.39%	253.51%	-0.06%	10.68%	38.66%	-45.17%	223.3%	270.64%	-115.06%
Net Earnings / Revenue	-3.1%	6.17%	2.12%	2.12%	1.9%	1.54%	3.14%	1.12%	0.34%	-2.56%
Basic Earnings Per Share	-$0.84	$1.57	$0.45		$0.42	$0.31	$0.72	$0.24
Diluted Earnings Per Share	-$0.84	$1.43	$0.44	$0.44	$0.40	$0.30	$0.70	$0.23	$49.79K	-$330.6K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Cash & Short-Term Investments	$149.9M	$305.8M	$373.9M	$373.9M	$39.30M	$17.10M	$4.200M	$4.900M	$5.600M
YoY Change	-50.98%	-18.21%	0.0%	851.4%	129.82%	307.14%	-14.29%	-12.5%
Cash & Equivalents	$149.9M	$305.8M	$373.9M	$373.9M	$39.30M	$17.10M	$4.200M	$4.900M	$5.600M
Short-Term Investments
Other Short-Term Assets	$40.01M	$29.41M	$23.50M	$23.50M	$23.30M	$30.80M	$23.90M	$20.90M	$17.80M
YoY Change	36.05%	25.15%	0.0%	0.86%	-24.35%	28.87%	14.35%	17.42%
Inventory	$119.9M	$123.7M	$111.3M	$111.3M	$127.6M	$116.0M	$91.20M	$87.10M	$75.00M
Prepaid Expenses
Receivables	$71.11M	$49.01M	$49.50M	$49.50M	$39.80M	$41.40M	$35.50M	$28.60M	$23.50M
Other Receivables	$15.75M	$6.685M	$8.500M	$8.500M	$4.700M	$9.300M	$7.700M	$5.800M	$5.800M
Total Short-Term Assets	$396.7M	$514.6M	$566.7M	$566.7M	$234.6M	$214.7M	$162.5M	$147.3M	$127.8M
YoY Change	-22.91%	-9.2%	0.0%	141.56%	9.27%	32.12%	10.32%	15.26%
Property, Plant & Equipment	$769.1M	$701.3M	$681.4M	$681.4M	$714.9M	$355.1M	$302.3M	$256.4M	$207.2M
YoY Change	9.67%	2.93%	0.0%	-4.69%	101.32%	17.47%	17.9%	23.75%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$900.0K
YoY Change
Other Assets	$27.44M	$17.00M	$17.70M	$17.70M	$8.100M	$8.900M	$11.00M	$12.30M	$11.70M
YoY Change	61.4%	-3.96%	0.0%	118.52%	-8.99%	-19.09%	-10.57%	5.13%
Total Long-Term Assets	$1.776B	$1.779B	$1.767B	$1.767B	$1.798B	$1.447B	$1.419B	$1.384B	$1.348B
YoY Change	-0.15%	0.66%	0.0%	-1.74%	24.29%	1.92%	2.57%	2.67%
Total Assets	$2.173B	$2.293B	$2.334B	$2.334B	$2.033B	$1.661B	$1.582B	$1.531B	$1.476B
YoY Change
Accounts Payable	$67.56M	$64.33M	$64.90M	$64.90M	$40.80M	$43.60M	$35.70M	$39.40M	$33.80M
YoY Change	5.01%	-0.88%	0.0%	59.07%	-6.42%	22.13%	-9.39%	16.57%
Accrued Expenses	$188.6M	$160.5M	$130.0M	$130.0M	$96.80M	$45.60M	$38.80M	$35.10M	$35.90M
YoY Change	17.53%	23.43%	0.0%	34.3%	112.28%	17.53%	10.54%	-2.23%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$10.48M	$3.999M	$3.600M	$3.600M	$13.80M	$7.600M	$7.300M	$7.300M	$7.000M
YoY Change	162.07%	11.08%	0.0%	-73.91%	81.58%	4.11%	0.0%	4.29%
Total Short-Term Liabilities	$397.7M	$343.8M	$328.7M	$328.7M	$273.2M	$211.7M	$211.3M	$199.7M	$168.3M
YoY Change	15.68%	4.59%	0.0%	20.31%	29.05%	0.19%	5.81%	18.66%
Long-Term Debt	$450.8M	$566.1M	$651.8M	$651.8M	$555.9M	$570.5M	$562.0M	$738.3M	$740.8M
YoY Change	-20.37%	-13.15%	0.0%	17.25%	-2.56%	1.51%	-23.88%	-0.34%
Other Long-Term Liabilities	$406.7M	$374.4M	$365.6M	$365.6M	$367.0M	$74.10M	$82.10M	$79.90M	$78.90M
YoY Change	8.64%	2.4%	0.0%	-0.38%	395.28%	-9.74%	2.75%	1.27%
Total Long-Term Liabilities	$857.5M	$940.5M	$1.017B	$1.017B	$922.9M	$644.6M	$644.1M	$818.2M	$819.7M
YoY Change	-8.82%	-7.56%	0.0%	10.24%	43.17%	0.08%	-21.28%	-0.18%
Total Liabilities	$1.343B	$1.367B	$1.427B	$1.427B	$1.256B	$918.2M	$927.3M	$1.129B	$1.089B
YoY Change	-1.76%	-4.2%	0.0%	13.59%	36.82%	-0.98%	-17.88%	3.65%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2019	2018	2017	2016
Basic Shares Outstanding	78.31M shares	81.82M shares	80.57M shares	78.61M shares	75.90M shares	59.90M shares	56.19M shares
Diluted Shares Outstanding	78.31M shares	96.13M shares	82.79M shares	81.68M shares	79.04M shares	62.04M shares	57.00M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $861.85 Million

About National Vision Holdings Inc

National Vision Holdings, Inc. engages in the retail of optical products. The company is headquartered in Duluth, Georgia and currently employs 13,998 full-time employees. The company went IPO on 2017-10-26. The firm operates four retail brands: America's Best Contacts & Eyeglasses, Eyeglass World, and Vista Opticals inside select Fred Meyer stores and on select military bases, and e-commerce websites, offering a variety of products and services for customers eye care needs. The firm's segment includes Owned & Host. The Company, through its subsidiary, FirstSight Vision Services, Inc., is licensed as a single-service health plan under California law and issues individual vision plans in connection with its America's Best operations in California. The firm's e-commerce platform, which is managed by its subsidiary, AC Lens, serves its e-commerce websites and the e-commerce websites of third parties. AC Lens handles site management, customer relationship management (CRM) and order fulfillment and also sells a variety of contact lenses and eyeglasses.

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